202 Shares in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. purchased a new stake in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 202 shares of the company’s stock, valued at approximately $34,000.

Several other large investors have also recently modified their holdings of the business. HighTower Advisors LLC increased its holdings in Direxion Daily S&P 500 Bull 3X by 1.3% in the third quarter. HighTower Advisors LLC now owns 5,722 shares of the company’s stock worth $939,000 after purchasing an additional 76 shares in the last quarter. Trinity Legacy Partners LLC increased its stake in shares of Direxion Daily S&P 500 Bull 3X by 14.0% in the 4th quarter. Trinity Legacy Partners LLC now owns 1,480 shares of the company’s stock valued at $250,000 after acquiring an additional 182 shares in the last quarter. PayPay Securities Corp increased its stake in shares of Direxion Daily S&P 500 Bull 3X by 55.4% in the 4th quarter. PayPay Securities Corp now owns 564 shares of the company’s stock valued at $95,000 after acquiring an additional 201 shares in the last quarter. Navigation Wealth Management Inc. lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 9.1% during the 4th quarter. Navigation Wealth Management Inc. now owns 2,792 shares of the company’s stock valued at $471,000 after acquiring an additional 233 shares during the period. Finally, EP Wealth Advisors LLC boosted its stake in Direxion Daily S&P 500 Bull 3X by 7.1% during the third quarter. EP Wealth Advisors LLC now owns 3,864 shares of the company’s stock worth $634,000 after acquiring an additional 256 shares in the last quarter.

Direxion Daily S&P 500 Bull 3X Price Performance

Shares of Direxion Daily S&P 500 Bull 3X stock opened at $146.80 on Friday. The business has a 50-day simple moving average of $168.13 and a 200 day simple moving average of $169.73. Direxion Daily S&P 500 Bull 3X has a one year low of $111.54 and a one year high of $190.34. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 23.45 and a beta of 3.12.

Direxion Daily S&P 500 Bull 3X Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be given a dividend of $0.4935 per share. This is a boost from Direxion Daily S&P 500 Bull 3X’s previous dividend of $0.19. The ex-dividend date is Tuesday, March 25th.

About Direxion Daily S&P 500 Bull 3X

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.